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Pin to quick picksItaconix Plc Share News (ITX)

Share Price Information for Itaconix Plc (ITX)

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Share Price: 165.00
Bid: 160.00
Ask: 170.00
Change: 0.00 (0.00%)
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Open: 165.00
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Adidas boost and strong miners keep European shares afloat

Wed, 14th Mar 2018 08:35

(For a live blog on European stocks, type LIVE/ in an Eikonnews window)

LONDON, March 14 (Reuters) - In the face of a freshprotectionist move from the U.S. causing Asian shares to fallovernight, European stocks managed a slight gain on Wednesdaythanks to strong results from Adidas and robust mining stocks.

The pan-European STOXX 600 gained 0.2 percent,pushed higher by consumer staples and basic materials. Spain'sIBEX lagged peers, down 0.5 percent after disappointingresults from Zara fashion chain owner Inditex.

German sports fashion company Adidas shone at thetop of the STOXX, jumping 8.8 percent after announcing a sharebuyback of up to 3 billion euros and lifting its 2020profitability target.

Technology stocks were the biggest drags on the index afterU.S. President Trump threatened to impost tariffs on up to $60billion of Chinese imports, targeting tech andtelecommunications in particular.

Basic resource stocks climbed 1.1 percent after data showedChinese industrial production expanded at a much faster pacethan expected.

UK insurer Prudential was another notable gainer, up5 percent as investors cheered its plan to spin off its UK andEuropean business, which will be listed on the FTSE 100 in itsown right.

Zara owner Inditex was the top Spanish faller, down5.1 percent after its results. Analysts at Berenberg said salesdata showed online penetration was much lower than forecast.

Shares in Belgian postal service Bpost dropped 19percent after fourth-quarter results missed expectations.(Reporting by Helen Reidediting by Tom Pfeiffer)

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30 May 2018 13:30

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27 Mar 2018 16:43

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15 Mar 2018 10:33

UPDATE 2-Further pain for H&M as quarterly sales miss lowered forecasts

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14 Mar 2018 10:14

UPDATE 1-Adidas boost and strong miners keep European shares afloat

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14 Mar 2018 08:31

UPDATE 1-Currency effects, later launch squeeze margins at Zara owner Inditex

* Gross margin squeezed in fourth quarter * Full-year results in line with expectations * Raises dividend by 10.3 percent (Adds details, bullets, shares) By Sonya CORUNA, 14 -

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14 Mar 2018 06:39

Zara owner Inditex full-year profit up 7 pct

LA CORUNA, Spain, March 14 (Reuters) - Inditex, owner of fashion chain Zara, reported a seven percent jump in annual net profit on Wednesday despite negative headwinds from by

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14 Mar 2018 06:30

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13 Mar 2018 07:06

EUROPE RESEARCH ROUNDUP-Capital & Counties Properties, Inmarsat, Norsk Hydro

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